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kct-perspective

EUR/USD Cup and Handle?

Long
Euro / U.S. Dollar (FX:EURUSD)  
kct-perspective  
FX:EURUSD   Euro / U.S. Dollar
Cup And Handle EURUSD LONG eurusdlong eurusdprediction eurusdforecast cupandhandlepattern
4
0
cupandhandle eurusd long eurusdlong eurusdprediction eurusdforecast cupandhandlepattern
EURUSD Cup and Handle?

  • Potential Long as cup and handle begins to form on the EUR/USD
  • Awaiting confirmation on the handle to confirm the 38.2% retracement levels.
  • Risk to reward ratio 1:4
  • Entry: 1.20, Stop Loss: 1.19 Target Profit: 1.23

Note if the handle breaks 38.2% retracement then the trade is invalidated.
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